宏观经济学题库6Word文档格式.docx

宏观经济学题库6Word文档格式.docx

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17）ThetableabovegivestheaggregatedemandandaggregatesupplyschedulesinLotusLand.Withnochangesinaggregatedemandorlong-runaggregatesupply,inlong-runmacroeconomicequilibrium,thepricelevelwillbe________andrealGDPwillbe________.

A）120;

$400

B）110;

$500

C）90;

D）100;

$600

Answer:

D

Topic:

Long-RunMacroeconomicEquilibrium

Skill:

Analytical

Questionhistory:

Previousedition,Chapter10

AACSB:

AnalyticalSkills

Price

level

Aggregatedemand

（trillionsof2005dollars）

Short-runaggregatesupply

Long-runaggregatesupply

130

8

12

10

9

11

18）Thedataintheabovetableindicatethatwhenthepricelevelis120,

A）inventoriesfallandthepricelevelrises.

B）theeconomyisinalong-runmacroeconomicequilibrium.

C）inventoriesriseandthepricelevelfalls.

D）theunemploymentrateisatitsequilibriumlevel.

C

Short-RunMacroeconomicEquilibrium

19）Thedataintheabovetableindicatethatwhenthepricelevelis100,

A

20）Thedataintheabovetableindicatethatwhenthepricelevelis100,

A）firmshaveunexpectedlylowinventories,sopriceswillrise.

B）inventoriesareatlevelsplannedbyfirms.

C）firmswillplantodecreasethelevelofoutput.

D）firmshaveunexpectedlyhighinventories,sopricesfall.

21）Thedataintheabovetableindicatethatwhenthepricelevelis120,

C）firmswillplantoincreasethelevelofoutput.

22）Intheabovefigure,curveAisthe________curve,curveBisthe________curve,andcurveCisthe________curve.

A）long-runaggregatesupply;

short-runaggregatesupply;

aggregatedemand

B）aggregatedemand;

long-runaggregatesupply

C）short-runaggregatesupply;

long-runaggregatesupply;

D）long-runaggregatesupply;

aggregatedemand;

short-runaggregatesupply

23）Inthefigureabove,intheshort-runmacroeconomicequilibrium,

A）thereisnostructuralunemployment.

B）realGDPisgreaterthanpotentialGDP.

C）realGDPequalspotentialGDP.

D）realGDPislessthanpotentialGDP.

Recognition

24）Theabovefiguredepictsaneconomywithashort-runequilibrium

A）atfullemployment.

B）belowfullemployment.

C）athigherthanfull-employment.

D）Noneoftheaboveanswersarecorrect.

25）Intheabovefigure,atthepricelevelof140andrealGDPof

A）$12trillion,firmswillnotbeabletosellalltheiroutput.

B）$4trillion,firmswillnotbeabletosellalltheiroutput.

C）$4trillion,consumerswillnotbeabletobuyallthegoodsandservicestheydemand.

D）$12trillion,consumerswillnotbeabletobuyallthegoodsandservicestheydemand.

26）Basedonthefigureabove,short-runequilibriumoccursatthepricelevelof

A）120andrealGDPof$4trillion.

B）130andrealGDPof$8trillion.

C）140andrealGDPof$12trillion.

D）130andrealGDPof$12trillion.

B

27）Thedataintheabovefigureindicatethattheeconomywillbeinalon